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Gulf Bank KSC (KUW:GBK) Equity-to-Asset : 0.11 (As of Mar. 2024)


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What is Gulf Bank KSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Bank KSC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was KWD787.5 Mil. Gulf Bank KSC's Total Assets for the quarter that ended in Mar. 2024 was KWD7,270.4 Mil. Therefore, Gulf Bank KSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.11.

The historical rank and industry rank for Gulf Bank KSC's Equity-to-Asset or its related term are showing as below:

KUW:GBK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.11
Current: 0.11

During the past 13 years, the highest Equity to Asset Ratio of Gulf Bank KSC was 0.11. The lowest was 0.09. And the median was 0.10.

KUW:GBK's Equity-to-Asset is ranked better than
68.03% of 1467 companies
in the Banks industry
Industry Median: 0.09 vs KUW:GBK: 0.11

Gulf Bank KSC Equity-to-Asset Historical Data

The historical data trend for Gulf Bank KSC's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gulf Bank KSC Equity-to-Asset Chart

Gulf Bank KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.10 0.11 0.11

Gulf Bank KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.11 0.11 0.11 0.11

Competitive Comparison of Gulf Bank KSC's Equity-to-Asset

For the Banks - Regional subindustry, Gulf Bank KSC's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gulf Bank KSC's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gulf Bank KSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gulf Bank KSC's Equity-to-Asset falls into.



Gulf Bank KSC Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Gulf Bank KSC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=816.8/7174.632
=0.11

Gulf Bank KSC's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=787.533/7270.391
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gulf Bank KSC  (KUW:GBK) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Gulf Bank KSC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Gulf Bank KSC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Bank KSC (KUW:GBK) Business Description

Traded in Other Exchanges
N/A
Address
Mubarak Al Kabir Street, P. O. Box 3200, Safat, Kuwait, KWT, 13032
Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.

Gulf Bank KSC (KUW:GBK) Headlines

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